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Small Business Optimism Index Declined in March

April 12, 2022 By CollisionWeek Editor

Inflation overtakes labor quality as top problem for small businesses. The National Federation of Independent Business (NFIB) Small Business Optimism Index decreased in March by 2.4 points to 93.2, the third consecutive month below the 48-year average of 98. Thirty-one percent of owners reported that inflation was the single most important problem in their business, […]

Filed Under: News Tagged With: National Federation of Independent Business, Small Business Optimism Index

Penske Automotive Group Acquires Dealership and Collision Repair Center in Southern California

April 12, 2022 By CollisionWeek Editor

Penske Automotive Group, Inc. (NYSE: PAG) announced that it has acquired BMW/MINI of Escondido, along with a collision repair center, located in Escondido, California. The acquired dealership and collision center are located in the Escondido Auto Mall, where the company currently operates dealerships featuring the Acura, Audi, Honda, and Mazda brands. The acquisition is expected […]

Filed Under: News Tagged With: Acquisitions, California, Penske Automotive

ABRA Recognizes Store Performance at 2022 Summit

April 12, 2022 By CollisionWeek Editor

ABRA Auto Body Repair of America marked its network’s outstanding 2021 performance at its annual Summit in Phoenix, Arizona, following a two-year hiatus.   After a record year of operational performance in 2021, the ABRA network recognized its franchise family, commemorating all that they have achieved through the past two years. “Our unified American network has […]

Filed Under: News Tagged With: ABRA, Annual Conference

Meyer Distributing Opens New Location in Reading, Pennsylvania

April 12, 2022 By CollisionWeek Editor

Meyer Distributing, Inc. announced the addition of its Reading, Penn. Location to better serve the collision repair industry. The cross-dock will have a direct, next-day feed from Meyer’s East Hanover, N.J. and Scranton, Penn. distribution hubs which house some of the largest inventories of automotive, RV, and marine accessories and replacement parts as well as […]

Filed Under: News Tagged With: Meyer Distributing, Openings, Pennsylvania

PartsTrader Partners with LKQ North America to Provide Data for SurePart

April 12, 2022 By CollisionWeek Editor

PartsTrader announced a partnership with LKQ North America to provide access to LKQ North America’s broad range of alternative parts and services via SurePart, PartsTrader’s new parts pricing platform for carrier-written/IA estimates. SurePart allows appraisers to write more accurate estimates by providing instant market pricing and leveraging industry-leading filtering to remove invalid parts. Rather than […]

Filed Under: News Tagged With: Agreements Signed, electronic parts ordering, LKQ Corporation, PartsTrader

AAA Reports Average Gasoline Prices Down

April 11, 2022 By CollisionWeek Editor

While prices are lower, the U.S. average remains above $4 per gallon. Gasoline demand up slightly. According to AAA, the cost of gasoline has continued to slide due to falling oil prices. The global oil market has seen lower prices since the U.S. and its allies agreed to significant releases of oil reserves. Also weighing […]

Filed Under: News Tagged With: AAA, Fuel Prices

U.S. Pedestrian Deaths Jumped in First Half of 2021

April 11, 2022 By CollisionWeek Editor

Dangerous driving, inadequate infrastructure, larger vehicles combine to create deadly results for people on foot. A new analysis from the Governors Highway Safety Association (GHSA) projects that U.S. drivers struck and killed 3,441 pedestrians in the first six months of 2021, up 17% – or 507 additional lives lost – from the same period the […]

Filed Under: News Tagged With: Governors Highway Safety Association, Pedestrian Safety

AkzoNobel and Microsoft Partner on Quantum Computing

April 11, 2022 By CollisionWeek Editor

AkzoNobel and Microsoft have teamed up to explore how quantum computing could help fast track the development of high-performance and more sustainable paints and coatings. Scientists from both parties will co-develop what will effectively be a virtual laboratory. The aim is to conduct experiments using quantum computing and other Microsoft Azure cloud services. Quantum chemical […]

Filed Under: News Tagged With: Agreements Signed, AkzoNobel, Microsoft

Registration Open for ASE Spring Certification

April 11, 2022 By CollisionWeek Editor

Spring registration is officially open for more than 50 ASE certification tests covering nearly every aspect of the motor vehicle service and repair industry, says the National Institute for Automotive Service Excellence (ASE).  Those registering by June 30 will have 90 days to schedule an appointment to take the selected ASE tests, whether registering on […]

Filed Under: News Tagged With: ASE, Certification

AirSept Co-Founder Myron Stein Passes Away

April 11, 2022 By CollisionWeek Editor

AirSept announced the passing of Myron Stein the company’s co-founder. Stein is credited with 23 U.S. patents and multiple awards for developing products that solve complex automotive air conditioning and fluid carrying system repair problems. The company was formed in 1989 when he developed the first long-lasting solution for unwanted mold and mildew odor in […]

Filed Under: News Tagged With: AirSept, Obituaries, People

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